On the Atlantic City Beachfront ... or Boardwalk. Admission is FREE! (Parking will be at a premium at casino parking garages ... but if you have a premium players card ... parking is free at most casinos if you arrive early enough) Without a premium players card, expect to pay up to $20 for parking at Caesars and Trump Plaza and Ballys.
http://www.theborgata.com/airshow/
Bring your beach chair, sun block, umbrella sun glasses and portable radio. 700,000 attended last years show.